The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.

NEW YORK/WAM Gold prices reached a record high on Sunday, with the price per ounce surpassing the $5,000 threshold. Gold was trading at US$5,026 per ounce, while silver prices had reached US$100 on Friday for the first time in history.

One of India’s leading real estate developers, Casagrand, has officially broken ground on Casagrand HERMINA, a premium residential development that marks Casagrand’s eagerly awaited expansion into the Middle East. Located on the rapidly transforming Dubai Islands and valued at AED 420M, Casagrand HERMINA blends coastal serenity with city living. A place where the calm of the sea meets the dynamism …

Burtville Developments has announced that construction progress at its new residential project, Bab Al Qasr Garden Residence 66, has reached 6%, as works continue to advance steadily at the site in the heart of Masdar City, Abu Dhabi. The project is being developed under a strategic partnership with the Bab Al Qasr Hotel brand, reflecting the company’s accelerating execution pace …

GULF TIME Vapiano is set to introduce breakfast for the first time in its history across its UAE outlets, marking an exciting new chapter for the international dining brand. The new Vapiano Breakfast Menu has been created to bring a fresh, social, and relaxed international lifestyle experience to the morning dining scene, offering guests a new way to begin their …

NEW WEST ZONE SUPERMARKET LLC, the registered and exclusive owner of the trademark “WEST ZONE” in the United Arab Emirates, hereby declares that  the company has no procurement or marketing branch operating in any of the Emirates in the UAE except “ Dubai”. The public, customers, and suppliers are hereby cautioned not to deal with any entity claiming to represent or belong …

ABU DHABI/WAM The Securities and Commodities Authority (SCA) is calling on investors to collect their dividends through First Abu Dhabi Bank (FAB), the paying agent appointed to handle the process. This comes as a part of its ongoing efforts to protect the rights of shareholders in companies listed on the UAE stock exchanges and ensure they claim any outstanding entitlements …

DUBAI/WAM Capital.com, the high-growth global trading platform and fintech group, has announced it is now offering its customers access to the principal UAE stock markets – becoming one of the first major trading platforms to do so. In a move that reflects the growing interest in the region’s economy, Capital.com is providing full coverage of the Abu Dhabi Securities Exchange …

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), the second-largest exchange in the Middle East, on Tuesday welcomed the successful listing of Alpha Data, a leading digital transformation provider and systems integrator in the UAE. This marks the UAE’s first IPO and the exchange’s second offering in 2025, reinforcing the exchange’s commitment to broadening the market and offering …